Overview
- Recent analysis pieces portray Lyft as having achieved its first GAAP profit alongside record cash generation.
- Commentary emphasizes a European expansion anchored by the FreeNow acquisition, previously reported at about $197 million.
- Coverage cites autonomous initiatives that include a Baidu partnership for European robotaxis and a tie-up with May Mobility in Atlanta.
- A Seeking Alpha author issued a Strong Buy view with a $25–$30 price target, arguing the turnaround case.
- Insider Monkey notes CEO share purchases and cites roughly $1 billion in free cash flow as supportive factors, with the stock recently around $18.62 after years in an $8–$20 range.